Research analysts covering DENISON MINES.
Recent press releases and 8-K filings for DNN.
Denison Mines Announces Final Investment Decision and Construction Start for Phoenix Uranium Mine
DNN
New Projects/Investments
- Denison Mines Corp. (DNN) has made a Final Investment Decision (FID) to proceed with the construction of the Phoenix In-Situ Recovery (ISR) uranium mine.
- Site preparation and construction activities for the Phoenix mine are planned to commence in March 2026, with the objective to achieve first production by mid-2028.
- This project represents the first new large-scale Canadian uranium mine construction in over two decades.
2 days ago
Denison Mines Announces Final Investment Decision for Phoenix Uranium Mine
DNN
New Projects/Investments
- Denison Mines Corp. has made a Final Investment Decision (FID) to proceed with the construction of the Phoenix In-Situ Recovery (ISR) uranium mine.
- Site preparation and construction activities for the Phoenix mine are planned to commence in March 2026, with the objective of achieving first production by mid-2028.
- This project, where Denison holds a 90% interest in the Wheeler River Project, is expected to be the first new large-scale Canadian uranium mine in over two decades.
Feb 24, 2026, 11:04 PM
Denison Mines Corp. Receives Final Regulatory Approval for Phoenix Uranium Mine Construction
DNN
New Projects/Investments
Guidance Update
- Denison Mines Corp. (DNN) received final regulatory approvals from the Canadian Nuclear Safety Commission (CNSC) on February 19, 2026, for the Environmental Assessment and the Licence to Prepare Site & Construct a Mine and Mill for its Phoenix In-Situ Recovery (ISR) uranium mine.
- This approval represents the final regulatory approvals required to commence construction of the Phoenix mine, following prior provincial approvals from Saskatchewan.
- The Phoenix project is the first uranium mine in Canada approved for ISR mining and the first large-scale Canadian uranium mine approved for construction in over 20 years.
- With an approximately 2-year construction timeline, the project is on track for first production by mid-2028.
- Denison is now in a position to immediately proceed with site preparation and construction activities once a final investment decision is made.
Feb 19, 2026, 5:02 PM
Denison Receives Final Regulatory Approval for Phoenix ISR Uranium Mine
DNN
New Projects/Investments
- Denison Mines Corp. (DNN) has secured the final regulatory approvals, including the Environmental Assessment (EA) and the Licence to Prepare Site & Construct a Mine and Mill, from the Canadian Nuclear Safety Commission (CNSC) for its Phoenix In-Situ Recovery (ISR) uranium mine at the Wheeler River Uranium Project.
- This approval represents the final regulatory step required to commence construction, making Phoenix the first uranium mine in Canada approved for ISR mining and the first large-scale Canadian uranium mine approved for construction in over 20 years.
- The project is on track for first production by mid-2028, and Denison is now focused on concluding the final investment decision and announcing the construction timeline.
Feb 19, 2026, 3:31 PM
Denison Mines Awards Construction Management Contract for Phoenix Uranium Mine
DNN
New Projects/Investments
- Denison Mines Corp. has awarded Wood Canada Limited the construction management contract for its Phoenix in-situ recovery uranium mine.
- This contract is a key milestone for the Project, representing a crucial step towards the commencement of construction, which is estimated to take 24 months.
- Denison is preparing to proceed with site preparation and expects to make a Final Investment Decision and begin construction shortly after securing all required Federal permits.
- Permitting efforts for the Phoenix project are nearing completion, with provincial approval received in July 2025 and the federal public hearing concluded in December 2025.
Feb 17, 2026, 4:38 PM
Denison Awards Phoenix Uranium Mine Construction Management Contract
DNN
New Projects/Investments
- Denison Mines Corp. (DNN) has awarded Wood Canada Limited the construction management contract for its Phoenix in-situ recovery uranium mine.
- This contract represents a key milestone and a crucial step towards the commencement of construction for the Phoenix Project.
- Denison is actively organizing teams and preparing to proceed with site preparation and a Final Investment Decision upon receiving all required federal permits, anticipating an estimated 24-month construction period.
- The Phoenix Project, part of the Wheeler River project, is nearing completion of its permitting process, having received provincial approval in July 2025 and concluded the federal public hearing in December 2025.
Feb 17, 2026, 11:30 AM
Denison Mines and Skyharbour Resources Announce Major 2026 Exploration Campaign at Russell Lake Joint Ventures
DNN
New Projects/Investments
Guidance Update
- Denison Mines Corp. (DNN) is involved in newly-formed Russell Lake joint ventures with Skyharbour Resources Ltd., established following a strategic transaction in December 2025.
- A significant 2026 exploration campaign is planned across the Wheeler North, RL, and Getty East joint ventures, totaling over 15,000 metres of diamond drilling.
- Denison will operate the Wheeler North property, with approximately 7,500 metres of drilling planned for 2026, which is expected to be sole funded by Denison through its earn-in options.
- Denison also holds a 20% interest in the RL property, committing to fund its share of the next $10 million in exploration expenditures, and an initial 30% interest in the Getty East property, where its 2026 work is also expected to be sole funded.
Jan 22, 2026, 9:00 AM
Denison Mines Secures Grid Power for Phoenix Uranium Mine
DNN
New Projects/Investments
- Denison Mines announced that grid power supply from Saskatchewan Power Corporation is now available at the site of its future Phoenix in-situ recovery uranium mine, following the installation of a new 138kV transmission line.
- This availability of grid power represents a significant step in de-risking project execution, as electrification is crucial for construction activities and the establishment of the freeze wall.
- The company has obtained access to up to 8.8 megawatts of power under a five-year agreement.
- Commencement of construction activities remains subject to final regulatory approvals and a final investment decision.
Jan 20, 2026, 2:15 PM
Skyharbour Resources Ltd. Announces High-Grade Uranium Intersections and New Target Area at Moore Project
DNN
New Projects/Investments
Guidance Update
- Skyharbour Resources Ltd. announced results from its 2025 drilling campaign at its 100% owned 35,705 hectare Moore Uranium Project.
- Drilling notably intersected high-grade uranium mineralization at the Main Maverick Zone with hole ML25-15, returning 4.84% U3O8 over 4.4 metres, including 11.77% U3O8 over 1.6 metres.
- A new regional target area, the Nomad Zone, was successfully identified approximately 1.7 kilometres southwest of the Main Maverick Zone, underscoring strong potential for additional uranium discoveries.
- Skyharbour is preparing for a multi-phased drill campaign at Moore in 2026, planning to drill a total of 8,000 to 10,000 metres in 15 to 25 drill holes, with the first phase of winter drilling consisting of 5,000 to 6,000 metres commencing shortly.
Jan 14, 2026, 12:00 PM
Denison Mines Announces Grid Power Availability at Phoenix Uranium Mine Site
DNN
New Projects/Investments
- Denison Mines Corp. (DNN) announced that grid power supply from SaskPower is now available at its future Phoenix uranium mine site, following the installation of a new 6-kilometer 138kV transmission line.
- This development represents a significant de-risking event for the Phoenix Project, as site electrification is crucial for the first year of construction and establishing the freeze wall.
- Denison has secured access to up to 8.8 MW of power and committed to purchasing a minimum amount of power for a five-year period.
- The cost of the new transmission line was funded by the Wheeler River Joint Venture, and the commencement of construction activities remains subject to final regulatory approvals and a final investment decision by Denison.
Jan 8, 2026, 9:10 PM
Quarterly earnings call transcripts for DENISON MINES.
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